{ "ticker": { "uuid": "f51990a7-118c-4c70-942b-74c84755b9e2", "symbol": "AT", "name": "Ashtead Technology Holdings Plc", "exchange": "LSE", "country": "GB", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^FTSE", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 55.021, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "mixed", "architecture_direction": -12.949, "architecture_energy": 12.502, "architecture_maturity": 29.724, "architecture_confidence": 83.366, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 52.72, "rotation_up": 23.35, "upward_expansion": 18.99, "deceleration": 68.09, "rotation_down": 40.82, "downward_expansion": 34.99 }, "activity_lines": [ 422.366667, 424.918182, 439.281455, 439.185716 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 424.0, "trend_reference": 431.360911, "distance_from_trend": -0.017064, "trend_direction": "Improving", "fair_value": 519.489291, "distance_from_fair_value": -0.183814, "fair_value_direction": "Weakening", "relative_strength": -0.350205, "relative_strength_direction": "Weakening", "price_momentum": 0.050834, "excess_performance": -0.015444, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.017064, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.088815, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.183814, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.096357, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.003502, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.140135, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.050834, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.961271, "read": "Supply-led" } ], "volume": { "latest": 1657481, "relative_activity": 1.141518, "balance": 0.961271, "dry_up": 0.936228, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.08754, "annualized_volatility": 0.458341, "from_high_reference": -0.208955, "from_low_reference": 0.427649 }, "levels": { "trend_reference": 431.360911, "fair_value_reference": 519.489291, "structural_low": 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441.366818, 439.399306 ] }, { "date": "2026-08-07", "close": 424.0, "volume": 1657481, "typical_volume": 1451997.75, "trend": 431.360911, "fair_value": 519.489291, "relative_strength": -0.350205, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.949332, "energy": 12.501979, "activity_lines": [ 422.366667, 424.918182, 439.281455, 439.185716 ] } ], "method": { "price_basis": "completed market observations", "trend": "Trend provides the primary directional reference.", "fair_value": "Fair Value provides long-term price context and is not a forecast or target.", "relative_strength": "Relative Strength shows leadership or lagging performance against the market benchmark.", "classification": "The SM framework combines Trend, Activity, Fair Value, Relative Strength and participation into a structural read." } } }